HomeUSAEclipse Raises $15M In Pre-Seed and Seed Funding

Eclipse Raises $15M In Pre-Seed and Seed Funding

-

eclipse

Eclipse, a San Francisco, CA-based provider of a customizable modular rollup, raised $15M in Pre-Seed and Seed funding.

The seed round was led by Tribe Capital and Tabiya, with participation from Infinity Ventures Crypto, Soma Capital, Struck Crypto, and CoinList. The Pre-Seed was led by Polychain with participation from Tribe Capital, Tabiya, Galileo, Polygon Ventures, Accel, Sreeram Kannan and Ryan Fang.

The company intends to use the funds to grow its ecosystem and to further promote technical development, especially by attracting Rust engineers and expanding the business development team.

Founded in 2022 by Neel Somani and Sam Thapaliya, Eclipse is a technology company that enables developers to deploy their own customizable rollups using the Solana virtual machine, using any chain for security or data storage. The company has already partnered with a series of major ecosystems including Celestia, EigenLayer, Oasis Labs, Polygon, Cosmos, and NEAR. It has also received a development grant from the Solana Foundation to support the development of rollups powered by the Solana virtual machine.

The team anticipates a public testnet to go live in early 2023. The network will be launched with support from the Celestia ecosystem; the team has already joined Celestia’s Modular Fellows program and entered a token swap with Celestia’s foundation.

Eclipse was launched as a portfolio company of Anagram, a venture capital fund founded by Lily Liu.

FinSMEs

28/09/2022

THE DAILY NEWSLETTER - SIGNUP